Debt to savings perfect ratio

[Anonymous No.11488166]

>$13,000 in the bank
>13,200 in CC debt.
>Seasonal job ended
>moving in with parents

What would you do /biz/, pay off the debt or do something with the money?

>inb4 some crypto meme

[Anonymous No.11488188]

>>11488166

[Anonymous No.11488259]

>>11488166
Credit card debt is not usually "good debt". In fact anything in the 6%+ range should be paid off

[Anonymous No.11488269]

>>11488166
is that a David Choe?

[Anonymous No.11488272]

>>11488259
I'd say 3% or whatever you can get for "safe" investments

[Anonymous No.11488275]

>>11488166
what a shitty drawing and a shitty waste of time

[Anonymous No.11488293]

Think of it this way. You have $13k. You can either pay off your debt with it and it'll be like you never had it OR you can actually spend it and put it to good use.

[Anonymous No.11488299]

>>11488166
How do you rack up that much credit card debt? I have a credit card, but I pay it off at the end of every month

>banks aren’t going to jew me with high interest
>tfw 800 credit score

[Anonymous No.11488312]

>>11488269
yes

>>11488293
Thats what i was thinking but with like what anon?
dont think i can bear to do the crypto meme again.

>>11488299
im a minority i cant help it. Financial responsibility is for white people.

[Anonymous No.11488320]

>>11488166

why carry the CC debt with a ridiculous APR (assuming you have a ridiculous APR) and just take out a personal loan and pay that shit off in full and then pay fixed monthly payments for lower interest?

you need to learn how to use a credit card properly too

[Anonymous No.11488323]

>>11488166
You don't actually have $13,200 in CC debt.

You actually have $15,840 if you don't pay it this year, $19,008 if you don't pay it next year, $22,8010 if you don't pay it the year after, etc.

[Anonymous No.11488325]

>>11488269
Yes, reverse image search confirmed.

Love that guy

[Anonymous No.11488330]

>>11488312
oh wait... nvm.

nigger.

'splains it all.

stay hood rich.

[Anonymous No.11488335]

>>11488166
>Debt to savings perfect ratio
>Debt to savings perfect ratio
>Debt to savings perfect ratio
>Debt to savings perfect ratio
>Debt to savings perfect ratio
>Debt to savings perfect ratio

[Anonymous No.11488384]

>>11488320
It was some offer where it was like a 3% fee for a cash advance with 0% APR for a year. Its expiring now tho, so the interest is gonna be expensive. Most likely i'll pay off like 8k and transfer the other 5k to another CC to avoid ridiculous interest

>>11488325
hes pretty swell

>>11488330
I'm Colombian. Fucked up a little but i was risking that type of money for something that would have been worth it had it gone right. I dont mind spending money and I dont mind working hard to pay it off.

Everyone has CC debt tho, so who gives a fuck. Live a little anon.

[Anonymous No.11488428]

>>11488384

spanish nigger*

well it looks like you answered your own question there bud.

sure we may all carry a little bit of credit card debt, but not 13k. out of $45k worth of credit I have, my balance is $400.

[Anonymous No.11488470]

>>11488428
so you're -400 and im -200. Does that mean i win anon?

So anyway, what can i do with the money besides paying it off?

Was thinking about blackjack, but not sure if risking more debt is a good idea.

[Anonymous No.11488519]

>>11488166
how the fuck does someone get $13k in CC debt?

[Anonymous No.11488707]

>>11488166
How do you even end up with that much? I don't think the monthly interest will be worth it

[Anonymous No.11488741]

>>11488470
>Was thinking about blackjack, but not sure if risking more debt is a good idea.
Your an idiot

[Anonymous No.11489054]

>>11488166
pay it. Don't be in personal debt. Have you heard of interest payments? They will follow you till you kill yourself.

>T. debt free boomer